What are your winners & losers today?

[crimsonghost747]

ahh yes the SPAC thing is dangerous. It's pure gambling, you have very little actual knowledge of what you are buying. But luckily most of these companies have pretty small market caps and they aren't included in funds/indexes so it's not like they will cause massive issues to the markets as a whole. Some people are going to lose a lot of money with these, but that's just natural and no one forced them to invest in these.

I have a couple of spacs.
-HYLN: this one was an absolute mess. probably headed to zero soon.
-SPIR: I quite like this one. Good business idea, a working (and growing) business. But also very sketchy when it comes to the SPAC process itself, the large majority of the shares were left with shareholders before SPAC so what is trading on the public exchange is only a small part of the total float.